TD Waterhouse Canada Inc. increases stake in Meta Platforms
What happened
TD Waterhouse Canada Inc. increased its stake in Meta Platforms by 4.9% during the third quarter, according to HoldingsChannel reports. The fund acquired an additional 22,743 shares, bringing its total holdings to 489,675 shares, valued at $355,765,000 as of its filing with the Securities and Exchange Commission. Meta Platforms accounts for 0.9% of TD Waterhouse Canada Inc.’s total holdings, making it the fund's 27th largest position.
From dailypolitical.com
Why it matters
The increase in ownership by TD Waterhouse Canada Inc. reflects institutional capital flow into Meta Platforms. This action, alongside increases by Watchman Group Inc., Penney Financial LLC, and Barnes Pettey Financial Advisors LLC, indicates growing investor interest in the social networking company.
From dailypolitical.com
Who's involved
- MetaAmerican technology company whose stock was purchased by TD Waterhouse Canada Inc.
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The entities involved
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Meta
American technology company